National News
Foreign Minister Shisir Khanal Begins Official China Visit; Bilateral Talks with Wang Yi Scheduled for Monday Evening
Nepali Foreign Minister Shisir Khanal launched his four-day official visit to China on Monday morning by visiting the Institute of Tibetan Plateau Research. He is slated to hold a high-level bilateral meeting with Chinese Foreign Minister Wang Yi in Beijing later this evening.
2 months ago
Historic US-Iran Peace Pact Achieved to End Four-Month Conflict; Official Signing Set for Friday in Switzerland
In a landmark diplomatic breakthrough mediated by Pakistan, the United States and Iran have agreed to an immediate and permanent ceasefire across all fronts. Following confirmations from Pakistani Prime Minister Shehbaz Sharif and US President Donald Trump, the strategic Strait of Hormuz will completely reopen this Friday, promising immense relief to a strained global economy.
2 months ago
New Immigration Bill Proposes 10-Year Free Visa for Non-Resident Nepalis to Boost Diaspora Ties
The Ministry of Home Affairs has drafted a comprehensive new Immigration Bill that proposes a 10-year complimentary visa for Non-Resident Nepalis (NRNs) and their families, while simultaneously modernizing visa categories and tightening global border security frameworks.
2 months ago
Global Markets Rally and Oil Prices Plunge Following Historic US-Iran Ceasefire Agreement
Stock markets across the Asia-Pacific region and US futures surged on Monday morning while crude oil prices dropped by over 4% after US President Donald Trump and Iranian officials officially confirmed an agreement to end the war and reopen critical trade routes.
2 months ago
Kathmandu Inundation Alert: KMC Identifies 128 Monsoon Hotspots as 8,000+ Families Face Flood Risk
The Kathmandu Metropolitan City (KMC) has mapped out 128 locations across the district vulnerable to monsoon flooding, predicting that over 8,300 families will be impacted. In response, a comprehensive pre-monsoon preparedness plan has been greenlit, identifying high-risk areas—with Ward 14 being the most vulnerable—and securing schools, parks, and open spaces for emergency shelter.
2 months ago
Musk’s Cosmic Jackpot: SpaceX Debut Crowns Elon Musk as the World’s First Trillionaire Amid Intense Global Debate
Elon Musk has officially become the world’s first trillionaire following the blockbuster stock market debut of his aerospace company, SpaceX. Listing on the Nasdaq with a $2.2 trillion valuation, the stock surge propelled Musk’s net worth to a historic $1.11 trillion. While investors are thrilled by his multi-planetary ambitions, the milestone has ignited fierce global backlash over extreme wealth inequality and Musk's controversial political influence.
2 months ago
Kathmandu Tangled Web: Government Moves to Untangle Valley’s Cable Chaos
The Ministry of Energy, Water Resources, and Irrigation, in partnership with the Ministry of Information and Communication, has launched a major cleanup initiative to remove unused, tangled overhead cables across key areas of the Kathmandu Valley. The drive aims to eliminate urban eyesores, boost public safety, and minimize roadside hazards.
2 months ago
India's NHPC to Partner on Nepal's 480 MW Phukot Karnali Project
India's state-owned NHPC Limited is set to partner with Nepal's Vidhyut Utpadan Company Limited (VUCL) to jointly develop the 480 MW Phukot Karnali Hydropower Project in Kalikot, Nepal. Following a draft MoU reached during a bilateral energy meeting and awaiting Cabinet approval, the two entities will form a joint venture. NHPC will hold a 51% stake, assume the responsibility for securing project loans, and guarantee a market for the generated electricity, while Nepal will receive 21.9% of the power free of cost. This marks NHPC's third major hydropower venture in Nepal.
2 months ago
Race for Top Investment Spot Reopens: Government Seeks New CEO for Investment Board Nepal
The government has officially restarted the recruitment process for the Chief Executive Officer (CEO) of Investment Board Nepal (IBN), inviting highly qualified Nepali experts to apply through an open competition.
2 months ago
Minister Shrestha Opens PPA for Under 10 MW Projects; Targets 1,500 kWh Per Capita Consumption
Speaking at IPPAN's 26th General Assembly, Energy Minister Biraj Bhakta Shrestha unveiled sweeping energy sector reforms, warning inactive license holders while opening direct international power trade and private transmission lines.
2 months ago
Government Committee Recommends Cancellation of 38 Sluggish Hydropower Licenses Totaling 1,388 MW
A high-level committee under the Ministry of Energy, Water Resources, and Irrigation has recommended revoking the licenses of 38 hydropower projects with a combined capacity of 1,388 MW due to zero progress despite Power Purchase Agreements (PPAs). The move follows the government's 100-point governance reform action plan and the budget statement targeting inactive projects.
2 months ago
Trump's "I Like Inflation" Comment Sparks Outrage as US Prices Hit 3-Year High
US President Donald Trump triggered intense debate after expressing a controversial fondness for inflation following a sharp rise in consumer prices to 4.2% in May. Driven by soaring energy costs from the escalating US-Israel conflict with Iran, the inflation surge presents a shifting economic and political challenge as midterm elections approach.
2 months ago